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Top Custodians for private funds

Ranked by the number of private funds that name each firm as a custodian in SEC Form ADV filings.
#CustodianFunds servedAdvisers
1JPMorgan Chase Bank11,9911,161
2Bank of America / Merrill8,215881
3BNY Mellon5,459553
4Citi4,325526
5Silicon Valley Bank4,236358
6State Street3,717334
7U.S. Bank3,460502
8Morgan Stanley3,105869
9Northern Trust3,053663
10Goldman Sachs3,037856
11J.P. Morgan Securities2,946618
12Wells Fargo2,818482
13First Citizens Bank & Trust1,713158
14National Financial Services928206
15UBS885291
Rankings refresh monthly from SEC Form ADV. Full client lists per provider are a member feature.